Twitter
Facebook
Linked In
RSS
Login or Register
New to InternetRetailing?
Register Now
Internet Retailing
IREU Top500 The Customer Report: 2018

IREU Top500 The Customer Report: 2018

You are in: > Home > Themes > Product

This is your 1 complimentary article for this month

Become a member for unlimited and immediate access.


Register
Already a member? Log in here

Growth in online sales at Blacks

Linked InTwitterFacebookeCard


Blacks Leisure Group, owner of the Blacks and Millets outdoor activity brands, says ecommerce sales has risen by 74% so far in the second half of its year.

The figure follows a 38% rise in online sales in the first half of the year, and takes the online division, led by ecommerce director Giles Delafeld, pictured, to the point where it now generates five per cent of total sales within the group.

The update came as Blacks reported its interim results for the six months to August 28 2010.

Group sales fell by 22.6% to £90.6m, from £116.9m in the same period last year, reflecting a fall in the number of trading sites. Like-for-like sale fell by 6% in the outdoor market, while operating losses fell to £7.1m from £8.7m last time.

Chief executive Neil Gillis said initiatives including a £1m investment in in-store training and skills assessment, the recruitment of 19 specialist group advisers, the launch of the Blacks loyalty card, which now has 60,000 members, and the development of a new running category in 42 stores “should enable the business to achieve completion of the turnaround programme”.

Blacks, which has been in turnaround for the last two years, is currently in talks about a possible sale of the company.

Chairman David Bernstein said: “As we have entered the Autumn/Winter season, we have seen improved margins and outdoor like-for-like sales have improved to a 3.5% reduction in the second half to date.

“Whilst still early in the season, this provides us with confidence as we enter our seasonal peak and, as in previous years, the outcome for the full financial year will depend greatly on trading in the remainder of the year.”
Linked InTwitterFacebookeCard
Add New Comment
LoginRegister

Become a Member

Create your own public-facing profile
Gain access to all Top500 research
Personalise your experience on IR.net
Internet Retailing
We are the magazine, portal and research source for European ecommerce and multichannel retail, hosting the board-level conversation for retailers, pureplays and brands across all of our platforms. Join the conversation.

© InternetRetailing Media

Latest Tweet

Internet Retailing
Tamebay
eDelivery
Twitter
Facebook
Linked In
Youtube
RSS
RSS
Youtube
Google
Linked In
Facebook
Twitter